Demand response (DR) has many beneficiaries in the electricity market. There are independent players who are interested in DR, which include: transmission system owners, distributors, retailers, and aggregators. In this paper DR is introduced as a tradable commodity that can be exchanged between DR buyers and sellers in a pool-based market which is called demand response exchange (DRX). DRX ope...

The value of delayed differentiation (aka postponement) for a monopolist has been extensively studied in the Operations literature. We analyze the case of (imperfectly) competitive markets with demand uncertainty, wherein the choice of supply chain configuration (early/delayed differentiation) is endogenous to the competing firms. We characterize firms’ choices in equilibrium and analyze the ef...

In this paper, we propose a dynamic market mechanism that converges to the desired market equilibrium. Both locational marginal prices and the schedules for generation and consumption are determined through a negotiation process between the key market players. In addition to incorporating renewables, this mechanism accommodates both consumers with a shiftable Demand Response and an adjustable D...

Governments increasingly see education and, in particular, technical and vocational education and training (TVET) as having a key role to play in the economic success and social stability of a country. Corporate bodies, as consumers of skilled workers, are loud in articulating their need for trained staff as they search for new markets and increasing productivity. Individuals are becoming aware...

Infrastructure as a Service (IaaS) is one of three key cloud market segments, that include also Platform (PaaS) and Software (SaaS). Representing less than third the entire market, this segment projected to keep higher pace growth over next few years. But mainly driven by leaders - technology companies with diversified international business, thereby increasing concentration largest players in ...